Make money when the maket is down

Crassula

Just to share something with someone who is investing in the housing market.
Bought another condo and rent it with $1300/month. Condo fee
and loan interest (3 years prime-0.85) total $1100/month. Not too bad.
Also bought a new luxury apartment in China last month with $150,000.
That unit worths $160,000 this month.
1 \" x  v2 o9 oDon't talk too much, just do it.

nca

前者对,后者风险大些.

Player99

longlife

原帖由 nca 于 2007-11-30 00:46 发表
前者对,后者风险大些.

6 s/ O0 h" A2 I/ g& r: q: D4 k$ T
6 _0 L( Z" d& ^& J
为什么呀? 能具体说说吗?

Crassula

I don't want to invest in China either. But $1= 7.75 RMB is hard to resist.
2 r: ^, |' I6 D* F% z' rI am not regreted so far even though I cannot catch the $1= 8.10 RMB prime.
& O. K2 i6 |: S+ t( {Well, it is still the highest ever for my currency exchange history.